Tuesday, July 26, 2011 - 12:30 PM
Remember the 1990s? Back in those days, the U.S. was recognized as the world's sole superpower. Our economy was booming, we ended the decade with a budget surplus, and there was a widespread sense around the world that the United States really had its act together. True, we had some pretty bitter partisan politics, misguided polices like "dual containment" were helping pave the way for 9/11, and corrupt financiers were busy sowing the seeds for the 2007 meltdown, but most of the world had the impression -- rightly or wrongly -- that the United States knew what it was doing. People like Tom Friedman extolled America's virtues in books like The Lexus and the Olive Tree, arguing that the rest of the world would have to embrace "DOS.Capitalism 6.0" (in other words, our system), or fall by the wayside. Overall, a powerful aura of competence enhanced U.S. influence and magnified our "hard power."
Fast forward to right now. We are on the brink of a major self-inflicted wound, driven solely by the deep dysfunction that now seems baked into our political system. Why should Pakistanis, Afghanis, Europeans, Chinese, Thais, Mexicans, Venezuelans, or anybody else take our advice on how to govern, when they watch the sorry set of ignorant clowns who are holding the rest of us hostage? If the worst case happens and the United States ends up defaulting, the economic costs will be significant enough. But it is also likely to do considerable damage to America's reputation for being a reasonably well-governed society, and it will accelerate the tendency for people around the world to look elsewhere for guidance. And while all this time and attention has been wasted on the debt ceiling, other problems are festering and will be there to bite us later.
I wonder if all those "patriots" in the Tea Party and the GOP ever thought about that. And if they did, would they even care?
EXPLORE:FLASH POINTS, BUSH'S LEGACY, BUSINESS, DISASTERS, ECONOMICS, FINANCE, OBAMA ADMINISTRATION, U.S. CONGRESS, WINNERS & LOSERS
Viewing from afar, with the paralysis that extreme ideologies have led to, one has to wonder whether the US system of government, once so admired for its system of checks and balances, can ever function as it once did in the future.
When you have crazed Republican ideologues willing to burn down the metaphorical house to further their positions and an electorate that seems ready to return many of them to office, what hope for the future?
I worry about this too. We're like a big ship steaming towards rocks, and this big ship of state is slow to turn, (be patient the apologists tell us); but, we haven't decided whether we are turning right or left. Where does the argument to cut defense enter "serious discussion?" When do we talk about our prison problem? Our police/security problem? We have serious budget issues in many cities, yet sensible policies of police and punishment aren't being proposed. We need to pick our battles--drugs, prostitution and other victimless crimes needs to be given up. We need to un-do tort reform as the lawsuit as regulation has been defanged. We need to look at regulation, and consider conventional legal remedies again in lieu of regulation, regulators and the easy capture that occurs. I'd like to see oil drillers self-insure, self monitor and yet be forced to provide $500B in liability coverage scaled down to according to project scale. This would encourage the good actors to take interest in the sloppy actors. Remember fiduciary laws would allow those Goldman S. "shitty deals" to be prosecuted and penalties awarded to the deceived. But, under "regulation" no such remedy is available.
When I was just a little girl in the late 1940s and early 50s, when it was beginning to become obvious to more people than just world leaders that the US was becoming what we now call a "world hegemon," my mother -- an avid and well-read politiphile -- said to me, "Well, all empires have one thing in common: they fall." I have often thought about those words, but until recently I never thought I would live to see it. Now I can watch the fall on my teevee.
If my mother were still alive, she would be quite sad about it, as she believed that the US had the best political system of all the democracies -- although she did always say that Americans didn't appreciate it enough, and that American politicos were in danger of squandering what their Founding Fathers had bequeathed them. I'm sure she would have been as nervous as I was when Americans voted Ronald Reagan into office. For me, that was when my mother's words about empire first began meeting up with reality.
1. I can confidently say from reading Tea Party comments on stories in the Daily Telegraph (UK) that most of them are very ignorant of relevant facts and confused about the world around them. One regrets having to call them stupid, perhaps "uneducated" would be better, but they definitely give that impression. So any hope that they will "think" about Walt's points is quite vain, in my view. (Because the Telegraph features right wing pundits on its pages it tends to attract American reactionaries to comment.)
2. I have wondered when the US began to lose its collective mind. I cannot, obviously, prove it; but I suspect that the psychological trauma of 9/11 really unhinged many Americans. Used to the idea that the US was immune from outside attack, when that myth was exploded, the public in general lost its bearings. And of course the neocon use of that confusion to lie us into the Iraq war only compounded the damage. The ease with which lies worked to stir up war fervor told the extreme right wing that it was not difficult to addle the public brain and it has used the Tea Party very effectively to do that in domestic affairs. This preposterous attempt now at blackmail re the debt limit to protect ridiculously low tax rates on the rich is a clear result. How it will turn out is not clear. I cannot think it will have any good result.
Ellerveira, the fact that you feel you can "confidently say" that you know what "most" Tea Party people are like from reading the comments under online newspaper articles undermines anything you might have to say after making that statement.
We are immune from attack. Not a single act of terrorism, but it would essentially impossible to invade this country militarily. We make too much of 9/11. Big deal. We inflicted simply 100times more devastation on Iraq, that's an invasion. A bomb going off, or even 4 airplanes is not an existential threat.
Ellerveira is spot on in the analysis of the Tea Party types, though I agree that going simply on website comments isn't a good basis for that judgment. As a group, they are at best uneducated and it is probably more accurate to call them willfully ignorant and deluded.
Well I am and was confident of my own opinion on the matter but others might not be. That is their right and if they don't have equal confidence in my opinion I don't mind a bit. Actually if you read carefully what I wrote I did not say that I was dealing with all Tea Party members. I was dealing with those that had commented in the Telegraph. They might or might not be good sample of Tea Party opinion. It was not by any means a scientific random sample.
She's right, they're just like you and me, except more "demonstrative." Crazier, even. At least than me.
The 90s seem a good deal better only to ...
... those who weren't paying attention at the time. The rats were glutting themselves in the barn on many sides, and warnings about how this would wind up were frequent. The 1989 book Liar's Poker laid out in detail the corruption of Wall Street, and was welcomed only as a good read. And so on. The book's author likely should have gone to jail for what he admitted, but of course, didn't.
Osama bin Laden was one of several voices suggesting that American policies in the Middle East would bring grief to America, and this has come true.
In one of the great crackpot moments of American history, the FBI director of the day told the Senate in closed session in May 1998 that there need be no fear -- the FBI would have a functioning counterterrorism capability by 2005. He then went back to his office and issued his testimony to the world by press release. It explained exactly where the FBI deficiencies lay, and must have been a most remarkable gift to the late Mr bin Laden, ever attentive to news from the US and Europe. The Freeh testimony and press release of May 1998 mentioned him by name.
The Nineties was the Age of Smug, and looking back on it with pleasure makes little sense.
American democracy works great
when the economy is humming along. Today with a serious economic crises entering its 4th year it is showing some weaknesses. The problem is that we really do not have a political party that represents the interests of the working and lower middle classes. Both Republicans and Democrats primarily represent the corporate and financial interests. Hence when voters tried to vote for an "opposition" to Obama's pro Wall Street stance, they elected a bunch of right wing loonies. Ironically, these candidates were funded by the same corporate interests that voted in Obama.
What seems to have broken down in the present political scene, is that too many of the right wing loonies have slipped off their leashes and are actually trying to carry out the policies that they promised during their demagogic campaigns.
I really do not see this as necessarily bad. Maybe the bond markets will go crazy, but personally I am getting tired of seeing our government (under both Bush and Obama) spending all of our resources trying to settle the 'markets'. Maybe if the Republicans upset the apple cart, we might see that the big problem is not the equity and bond markets, but rather unemployment. After all, those markets are supposed to reflect the health of the real economy of production and consumption, not lead it.
I often find myself grappling with some of the same sentiments. Despite the fear and certain misery it will cause countless people but here in the US and abroad, I am beginning to wonder if there isn't an upside to a default. We have proven incapable of changing this system as it exists now. The money is too entrenched and powerful and clearly steers the ship any way it wants. Perhaps a default would cause a seismic shift in how we see our government. Perhaps it will take something like this to get all of us lazy americans off of our assess and engaged in the government again; force us to educate ourselves; force us to pay attention. Maybe this is a revolution that is being created for us?
I understand that this may not happen and that it is possible that this shift could perhaps cause an even greater turn to fascism than we have already taken. However, at this point I am so doubtful that our current system of government is salvageable that I am thinking this may be the only way that we as a nation can take our country back.
Maybe this is the only way out?
Though I am a centrist Democrat, I don't think we can blame the
Tea Party for the current debt ceiling impasse. The Republicans were voted into a majority in the House, and they do not want to alienate their base by agreeing to increased taxes on the wealthy. They have the right to do so, and the rest of us can oppose them if we don't like it. The Obama administration and the Democrats in Congress are going to have to find a face-saving compromise. Obama doesn't want a 6-month deal because next year is an election year and he correctly realizes the House Republicans will again hold his feet to the fire and probably weaken his chances to be re-elected. The real problem is that the "power elite" in this country are mostly Republicans who do not want to pay more taxes, even though they presumably could afford to do so.
I have to say I disagree completely. The Tea Party is from what I know a plutocratic front, financed by people like the Koch brothers, to gain "popular" support for policies serving plutocratic interests, especially very low taxation of the rich. The same could be said of Fox News, set up intentionally to present a extreme rightwing slant on the news. The present "artificial" crisis is simply a means to blackmail the administration into agreeing to budget legislation that preserves the ridiculously low taxes on the rich. Most Americans, I fear, are not at all well informed about taxes in the USA and the Tea Party busies itself to keep them in the dark. Few know that the top 1% get 20% of all income, which is at least twice the amount that goes to the top 1% in other advanced economies. In short the US is a tax paradise for the plutocratic rich. I suppose one could say the rich have a right to twist the minds of ordinary Americans in their favor if they can but I would think fair minded persons would share the general outrage about this abuse of power by the people who effectively own and run the USA. (I suggest you read the recent piece by Jeffry Sachs of Columbia U. on the topic as well as that of Joseph Stiglitz, also of Columbia. And there are numerous other analyses of the anti-democratic nature of the Tea Party propaganda and ideas.)
I agree with your points, however, what really galls me is that no where are we hearing a defense of liberal policies--except from retired republicans ironically (Bruce Bartlett, Alan Simpson, David Stockman and Paul Craig Roberts. It's really disturbing how no one on the left leadership will advocate strongly for sound policies and push back.
those are fair points about the TP but don't make the confusion of condemning them all. The concerns of the TP people are real. They don't fully understand the manipulation they are under, but don't write them off. We need them. They ARE right that gov't needs to be scaled back, we can't do everything. They like entitlements, unlike their leadership. They are troubled by the influence of big corp. America, many the military too. These are people that we must educate and win over. We can't bring them into the craven democratic party either, but must threaten with a third party, lest we get ignored again. The TP voter has done something you haven't by reliably voting Dem. After all, the Sierra Club, the liberals all bite their tongue when their guy is in power--cause, the Dems know you won't go anywhere else. The besmirching of Nader is a big part of the Dem's craven failing. Liberal pundits should explain that voting for Nader gives the Dems more cred, especially in lock down states. I tried to explain to a Gore supporter here in Dallas that she could not vote for Gore, as TX was sure to go to Bush. I might've been talking rocket science. She insisted, "Gore needs my vote" If she had voted Nader, it would have etched more space for liberal, fair gov't causes than voting Dem ever could. The duopoly assumes they have you locked in, and ignore you.
I agree that the TP types don't understand how they are being manipulated; but that is part of the cleverness of those who manipulate them. They, in my view, lack the background education that would make the manipulation clear to them, but the fact remains that they are duped, to use a short word for it. As for the size of government: actually the US government is quite small if measured by tax revenues going to it as percent of GDP. I believe only Mexico and Chile's governments are smaller. I certainly think some things the US government does should be eliminated, like the wars in Iraq and Afghanistan. Stopping those would make the government smaller, but on the other hand the US government is not large enough in distributing social benefits on those who need them; it should be doing more redistribution of wealth. All this is tangled up with racial/ethnic divides in the US that people don't like to talk about openly. Figures recently appeared re the average wealth of whites, blacks and Hispanics. As I recall average white wealth was over $100,000, while that of blacks and Hispanics was around $5-6,000. This is shocking and extreme and shows how deeply unequal US society is. Since whites think welfare spending goes mainly to minorities, it is easy to convince them it should be cut.
Dennis Kucinich?
Essentially the HARD LEFT. Interestingly they often seem in agreement with the HARD RIGHT (i.e. Ron Paul, walter Jones, etc) at least on foreign policy, and often on domestic issues (the Fed, Wall Street, etc)
It is ironic that these are classified as the 'extremists', while they seem to make the most sense these days. Lets not forget that it is the 'center' that got us into this mess.
I agree with much of what you said and want to get into the nitty gritty wonky. Can't at the moment due to time. But, I like challenging you a bit to pull more out of you. (To use against you later and more more evidence for your permanent record--he he he.)
I like and appreciate your point. I've voted libertarian for the last decade. I am more "liberal" than that on many issues. But, in Texas, in state-wide elections libs don't have a vote. I think nudging them from the libertarian side speaks louder than voting for the other side of the coin.
Same old, same old from Professor Walt; he's the most one-note blogger on all of FP.
"People like Tom Friedman extolled America's virtues in books like The Lexus and the Olive Tree, arguing that the rest of the world would have to embrace "DOS.Capitalism 6.0" (in other words, our system), or fall by the wayside. Overall, a powerful aura of competence enhanced U.S. influence and magnified our "hard power." "
Friedman purveys whatever is popular the moment; he does not truly believe in anything, and is profoundly weak in his tendency to give ludicrous, trendy monikers to age-old, boring phenomena. To wit: he has variously extolled the virtues of American capitalism (which is just the same capitalism that drove the entire world's development from the 1400s onward), Chinese developmental autocracy (a classic case of autocrats simply being lucky enough to be around when a boom occurred in the background), and how the rest of Europe should imitate Ireland's unstoppable "Celtic Tiger" economic model (oops).
"Why should Pakistanis, Afghanis, Europeans, Chinese, Thais, Mexicans, Venezuelans, or anybody else take our advice on how to govern, when they watch the sorry set of ignorant clowns who are holding the rest of us hostage? "
This is a false dichotomy. These countries (esp. Pakistan, China, Venezuela, and Afghanistan) never really took our advice in the first place, which is ultimately more detrimental to them than to us, seeing as how America's interest in continued safe global trade and democratic government has almost single-handedly made the world a livable place for the past 65 years. How can someone who does not listen to you STOP taking your advice? It does not matter how well or poorly America fares: commentators like Professor Walt will always concoct a story about how America is losing its influence, to autocratic states which have no vision beyond their own preservation and enrichment.
Since no one knows what will happen in the event of a "default," and since the makeup of the US's debt is such that such an event could likely not even be so bad (read: the Fed and American citizens own far more debt than anyone else), your post is another exercise in histrionics.
Walt happens to be one of the very few successful academic foreign policy types that is willing to tell truth to power. If in 2006 he had just kept his mouth shut over his Israel opinions he would likely be a national security adviser in the current administration. He chose a different path. I see his path as one where his patriotism for the best interests of the US trumped any ambitions to be a big shot in government.
That being said it is very difficult to be original 5 days each week. Recycling previous ideas on such a schedule is inevitable. But he is good at it: even when he does he manages to provide a new twist here and there.
This does not mean I agree with him -- if he were not under continuous attack from mindless critics, I would probably be vigorously taking issue with many of his positions. I have too much respect for what he has done over the past 5 years to join attack packs he seems to attract.
I agree with you about Walt and I would be even less inclined than you to criticize him. Indeed, I find almost nothing to criticize in what he says. Almost all of it seems spot on to me and should be obvious to educated, thinking Americans. And I might add that most of his critics here seem not to be his intellectual equals. (I have no doubt they think otherwise.)
Both of them?
Walt doesn't let wishful thinking get in the way of his analysis
My feeling, ALEXBC, is that Stephen Walt doesn't let wishful thinking get in the way of sober analysis of how ridiculous our policy-making process is likely to appear to the rest of the world right now. As far as I can tell, you haven't presented a serious argument as to why sober people shouldn't share Walt's pessimism.
I thought it was significant that Cable, the UK Business Secretary, recently denounced the "right wing nutters" in the USA who are, he said, a greater danger to the world economy than the present debt problems in Europe. I would think it quite rare for a British cabinet secretary to make that strong an expression of anger and disgust at one political group in the US unless the spectacle we are making is really outrageous. And it is.
Right, the fact that even a conservative British government is lamenting how many "right-wing nutters" we have in the U.S. House should set off alarm bells about how our policy-making process is likely to be viewed abroad at the moment.
ALEXBC, I hve consistently found Dr/ Walt's posts to be
informative in ways seldom seen in the MSM, and capable of speaking truth to power, I agree that Tom Freidman's contributions are shallow and heavily biased toward whatever political viewspoint has captured his fancy. Your comments suggest that you view Walt as just another political hack, while I see him as an intellectual hero willing to debate his views fully with informed individuals. He, Mearsheimer, and many others will some day receive the recognition they derserve for courageously challenging the problems with "US foreign policy. In the past, he has given inivited addresses to the Army War College, so somebody at that important institituion thinks he has something worth saying...
I do believe the US is declining. Our reputation IS falling in many parts of the world. We're wearing out our diplomatic welcome for sure. But, economically, though we have real challenges and problems (and I have argued this position forcefully) we have to admit that the 10yr T-note is still under 3%. Moodys, Barrons forecasts haven't caused the rates to rise one bit. For whatever reason, investors around the world have concluded that we are still the prettiest girl at the dance. Some of this might well be attributed to economic terrorism--as some call it. Wall St. has placed huge bets on EU debt default as US pressures have risen. A good FP man would explain the economic terrorism that large, rich countries play on the globe. Russia and the Arabs have likely supported oil prices--though I don't believe either wants prices over $100/barrel as this become deflationary. But, there's much more than this, I would love SWalt to write a column on this, cause it's important.
This is a course I tell you, telling the Palestinians that direct negotiations is the only way for peace... you got your own direct negotiations, have fun!
Nice piece in Nyt about the game of chicken yesterday, and since this dynamic is a race to act more crazy what you need is a 3rd player, to alter this dynamic.
Seems that Obama needs the American people as much as Palestine needs UN... and somehow these are not optimistic options!
Maybe a crazy notion, this.....
...... but I wonder wether a large part of the reason why this particular battle is going down to the wire is because the Congress has already seen Obama fold when faced by an intransigent foe (and, yes, I'm looking at you, Mr. Netanyahu).
After all, the cavalier way that Bibi plays dice with Israel's future in order to ensure that Israel keeps those settlements is flat-out crazy, yet Obama has demonstrated - repeatedly - that he will fold rather than tell the Israelis some home truths i.e. Giving Nothing Away aways runs the risk of Losing It All.
Maybe the Tea Party loonies see that and say to themselves: Well, if BIBI can browbeat the President then Why Can't I......
Well Krugman in his blog has called Obama "President Pushover." I think, to be brief about it, that he is weak because he is black and thinks he has to live that down by being something of an Uncle Tom. This means drifting to the right and attempting to appease and placate his white critics who are mainly conservatives. In short he feels (my guess) that he is "on approval" for being black and if he were to be a political leftist or "radical" too, approval would all but evaporate.
He does have a rather brutal rebuttal that he can use
He can point the the Tea Party nutters and proclaim: "I don't negotiate with terrorists".
And if they splutter and shout when their own canard is played against them then he can simply point the damage that they will inflict on the economy in their crazy-eyed attempt to form him to Do What We Want, Goddamit!, Or Else and say "welllll, that sure looks like terrorism to me".
You might check out Lawrence O'Donnell from this morning's Morning Joe. He suggests that Obama is playing the debt ceiling debate for a big win perhaps both with independents and perhaps even for the Dem party. It's a VERY cynical argument, but it's hard to argue with. This is early in his appearance window, and before the bombastic discussion re: the budget which was a worthless shouting match.
I like O'Donnell in general but I have not been persuaded by him that Obama is so terribly clever in handling this problem. I think Obama is grasping for tactical advantage just as are the Tea Party "nutters." It remains to be seen which comes out on top. Sadly enough, Obama could lose. The US public isn't all that bright, you know. If it were, this matter would not have gotten to where it already is.
I like O'Donnell in general but I have not been persuaded by him that Obama is so terribly clever in handling this problem. I think Obama is grasping for tactical advantage just as are the Tea Party "nutters." It remains to be seen which comes out on top. Sadly enough, Obama could lose. The US public isn't all that bright, you know. If it were, this matter would not have gotten to where it already is.
As Bernie Madoff said aout the US financial system
The whole thing is a Ponzi scheme and has been all along. Sociel Security si prbably the biggest Ponzi scheme of them all.
America's economic booms have been legrley fueled by it's ability to print the accepted international currency, so it effectiely kicked the can of reality down the road for future generations. Now we are witnessing a perfect storm. Not only is the US bankrupt, but the dollar is in freefall and when al that paper is sent back to our shores and redeemed, that wil be the day of reckoning.
Most of what you say is nonsense. The US isn't bankrupt but if it stupidly refuses to pay its bills it will be treated as such. The dollar is not in freefall. Where on earth do you get these silly ideas?
The dollar has in fact dropped about 15 per cent in value against some foreign currencies in the past three months. The lack of press and public attention is remarkable. That's not freefall and it's very good for the national tourist industry. But would it be good for the US to have the whole nation become Disneyworld for foreigners made progressively richer by -- among other factors -- straightforward local foolishness?
Another currently unexamined idea: an increasing share of Congress seems ripe for sale en bloc. Eager for it, really. And there are well-padded wallets ready to pour out the bribes. The bribed and the addled both claim they're acting on the purest of principles, and possibly some have fooled themselves into believing it. The increasing dishonesty displays itself bravely presented mottos of transparent foolishness. A current favorite for the banner wavers: "This is not a debt crisis. It's a government spending crisis." The falsehood is readily displayed with this rebuttal: There used to be a government spending crisis. Political intransigence has turned it into a debt crisis. That of course has not diminished the harm caused by the government spending crisis -- which started in 2001, with most of America watching blandly when the administration started spending staggering sums of borrowed cash because it felt America had no real need to pay its ... oh yes, its government debts. Even in 2001, it was evident this foolishness would end in tears. And here we have them.
Roach of Morgan Stanley who knows China well tells of the disgust and disbelief of the Chinese that US politics could be so stupid as the clown show in Washington indicates. China of course has thought up to recently that US debt was a super safe investment and were happy to keep our interest rates low by buying lots of our bonds. Now this has changed and China will have to find new policies. None of them will be pain free for the US.
The late, great French political analyst, Raymond Aron, once said, "The 20th century amply demonstrates that people are most unwilling to give up their passions for their interests." FDR wondered aloud how business people, whose preferred system he was saving, could have been so vitriolic in their opposition.
And on it goes...
First, here we have here with the debt ceiling struggle, an example of democracy, that system of governance we revere so much we're willing to kill lesser peoples (those with dark skins mostly) in order to inflict it.
With a success rate of < 3%, mind you. (Hegre)
Second, the other half of our national religion: the free market, which we managed to crash in 2008, encourages corruption, not only in business, but in our legal and political system as well.
"America's Hard Sell" Now marked down.
The big win of the Tea Party with its blackmail tactics has exposed the minimal influence of liberal economists on US politics and US opinion in general. One thing that needs to be studied is why liberal intellectuals have lost so much influence and why nobody seems to listen to them any longer. Brad Delong, Paul Krugman and Mark Thoma are as big losers in all this as is President Pushover and the liberal Democrats.
When the budget crunch came it has been solved by cutting "defense" spending. Ezra Klein has it all on his blog. I predicted over a year ago that before too long the US empire was going to be too expensive to maintain. And that time has come. That was not publicly discussed during the whole messy affair, but the people in Washington who put together the final package of cuts used Defense to get most of them. So while liberals bemoan the Tea Party victory, it has that silver lining. We may have the Tea Party to thank for toppling the US empire. Without really meaning to do so.
A Pyrrhic victory leads to a fall from grace for America
So now the Hill People and their shaman on The Avenue have averted the manmade crisis of the debt ceiling, shackling the American economy with terms that ensure its failure and the American democracy with new forms of governance akin to oligarchies from antiquity. Are we the people better off for it? In no way. Our society will be lucky to survive.
Nor is our economy now safe once more, for the manufactured problem and its pathetic solution are each seen by investors as additional reasons to exercise caution investing in American debt. The cost of our debt will rise assuredly.
The mainstream press, toadying not even to its financial masters' best interests but rather to some fantasy notion of societal comity, trumpets the occasion as a success, even a triumph! What a cacophony of sophistic idiocy.
As individuals, we Americans are (a) wondering how unreal our existence has become and make neo-survivalist plans, (b) jumping to perceived opportunities to make hay from this insanity, (c) organizing to protect our dwindling collective assets in the face of privatization's onslaught and exploitation, and/or (d) -- the apparent majority response -- withdrawing to perceived safe zones where people discuss neither politics nor religion and things will get better because ... well, just because. Maybe there is a Big Guy in the Sky who will fix things. So the majority hopes, but does not believe.
In time -- probably not far into the future -- the schisms being promoted by the recent policy circus, exacerbated by slippage of our fair nation in the world order due to environmental extremes and military expenditures, will tear the social fabric of America in a dozen-dozen ways.
This devolution will be viewed as a tragedy by many around the world and within American's ruling class. But for many global citizens, including many Americans, it will be the first opportunity in many decades, even a century, for genuine respite and reorganization on more rational terms.
Ultimately, as the ruptures widen, the Pyrrhic victory of the Debt Ceiling Crisis may finally be perceived as a psychological victory for its survivors, but at considerable cost in terms of objective quality of life; sense of security in the world, at home as well as abroad; and confidence that "our best days are just ahead." They assuredly are not.
To paraphrase Bill Maher, politicians should pledge to be honest that we are "gracefully descending to second-rank nationhood" and ask Americans "to help stick the landing." The events of the past weeks have revealed that all of our our engines are not working. The elegance of our fall is in question.
"We are on the brink of losing our democracy for the sake of keeping our empire. Once a nation starts down that path - isolation, overstretch, the uniting of local and global forces opposed to imperialism, and in the end bankruptcy. RIO quot; Chalmers Johnson.
Stephen M. Walt is the Robert and Renée Belfer professor of international relations at Harvard University.
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